QLV vs. QYLD ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Recon Capital NASDAQ-100 Covered Call ETF (QYLD)

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$66.95

Average Daily Volume

7,778

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

QYLD

Recon Capital NASDAQ-100 Covered Call ETF

QYLD Description

The investment seeks to provide investment results that will closely correspond, before fees and expenses, generally to the price and yield performance of the CBOE NASDAQ-100Â® BuyWrite Index. The index measures the total return of a portfolio consisting of common stocks of the 100 companies included in the NASDAQ-100Â® Index and call options systematically written on those securities through a "buy-write" or covered call strategy. The fund will invest at least 80% of its total assets in common stocks of the companies included in NASDAQ-100Â® Index, ("80% Policy"). It is non-diversified.

Grade (RS Rating)

Last Trade

$18.47

Average Daily Volume

3,771,399

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	QLV	QYLD
30 Days	2.28%	3.65%
60 Days	4.76%	8.59%
90 Days	7.13%	10.46%
12 Months	28.01%	18.64%

22 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in QYLD	Overlap
AAPL	C	5.23%	8.93%	5.23%
ADI	C	0.17%	0.74%	0.17%
ADP	A	0.87%	0.79%	0.79%
AEP	D	0.55%	0.35%	0.35%
AMGN	D	0.78%	1.15%	0.78%
AMZN	A	2.22%	5.09%	2.22%
AVGO	B	0.4%	5.28%	0.4%
EA	B	0.2%	0.27%	0.2%
GILD	A	1.07%	0.74%	0.74%
GOOG	B	0.58%	2.51%	0.58%
GOOGL	B	0.83%	2.61%	0.83%
LIN	D	0.19%	1.46%	0.19%
META	C	1.27%	5.13%	1.27%
MSFT	D	7.83%	7.85%	7.83%
NVDA	A	5.29%	8.46%	5.29%
PEP	F	1.56%	1.53%	1.53%
REGN	F	0.56%	0.61%	0.56%
ROP	C	0.13%	0.39%	0.13%
TMUS	B	1.09%	1.75%	1.09%
TXN	A	0.86%	1.25%	0.86%
VRSK	B	0.36%	0.26%	0.26%
XEL	B	0.58%	0.24%	0.24%

QLV Overweight 92 Positions Relative to QYLD

Symbol	Grade	Weight
PG	F	3.2%
LLY	F	2.73%
MRK	F	2.42%
V	A	2.07%
MCD	D	1.95%
IBM	D	1.8%
JNJ	D	1.79%
VZ	D	1.6%
T	B	1.45%
XOM	B	1.13%
LMT	D	1.1%
ABBV	B	1.08%
CME	C	0.93%
DUK	D	0.92%
ABT	B	0.91%
ATR	B	0.86%
PSA	D	0.85%
CHKP	D	0.85%
WEC	C	0.84%
ED	D	0.84%
RGLD	C	0.83%
TYL	C	0.8%
CHE	F	0.8%
WTW	A	0.8%
DOX	B	0.78%
K	A	0.77%
AIZ	B	0.76%
WDFC	B	0.76%
GIS	F	0.76%
CB	D	0.73%
LSTR	C	0.72%
SO	C	0.72%
QLYS	B	0.72%
SMMT	C	0.7%
DLR	C	0.67%
AVY	F	0.66%
QGEN	D	0.66%
TRV	B	0.65%
WM	B	0.64%
ZM	A	0.63%
GD	B	0.63%
EQIX	C	0.63%
CTVA	B	0.61%
STNG	F	0.61%
NOC	D	0.61%
CALM	B	0.61%
ALL	D	0.6%
BAH	C	0.6%
PKG	B	0.58%
DTM	A	0.57%
CINF	B	0.57%
BRK.A	C	0.57%
AZO	B	0.56%
JKHY	C	0.56%
TTEK	C	0.55%
WCN	D	0.55%
RSG	B	0.55%
CMS	D	0.55%
AEE	B	0.55%
WRB	B	0.52%
PNW	C	0.51%
ADC	D	0.51%
SON	F	0.51%
CTRA	D	0.5%
SIGI	B	0.5%
MKL	B	0.49%
FLO	D	0.48%
SCI	A	0.48%
CHRW	B	0.48%
TSCO	C	0.48%
HSY	F	0.47%
HII	F	0.47%
NBIX	C	0.4%
HRL	F	0.4%
BMRN	F	0.39%
NFG	B	0.37%
SLGN	B	0.32%
CRUS	F	0.32%
MCK	B	0.29%
BMI	C	0.26%
DDS	C	0.26%
PM	C	0.21%
JPM	A	0.2%
COR	A	0.19%
ALKS	C	0.18%
CAG	F	0.14%
NCNO	B	0.12%
L	B	0.11%
CWAN	A	0.08%
UNH	B	0.07%
MMC	D	0.05%
EXPD	F	0.03%

QLV Underweight 79 Positions Relative to QYLD

Symbol	Grade	Weight
TSLA	A	-3.14%
COST	C	-2.6%
NFLX	A	-2.18%
AMD	F	-1.57%
CSCO	A	-1.48%
ADBE	D	-1.42%
QCOM	C	-1.22%
ISRG	B	-1.2%
INTU	C	-1.15%
CMCSA	B	-1.13%
BKNG	B	-1.05%
AMAT	F	-1.0%
HON	C	-0.9%
VRTX	B	-0.82%
PANW	A	-0.78%
MU	C	-0.74%
SBUX	C	-0.74%
MELI	B	-0.69%
LRCX	F	-0.65%
INTC	C	-0.62%
MDLZ	F	-0.61%
KLAC	F	-0.6%
CTAS	A	-0.56%
CEG	C	-0.55%
PDD	C	-0.54%
PYPL	B	-0.54%
SNPS	B	-0.53%
CDNS	B	-0.51%
MAR	A	-0.49%
MRVL	B	-0.47%
CRWD	B	-0.46%
ORLY	A	-0.45%
CSX	C	-0.44%
ASML	F	-0.43%
ADSK	B	-0.41%
ABNB	C	-0.4%
NXPI	D	-0.4%
FTNT	B	-0.4%
DASH	A	-0.4%
PCAR	B	-0.37%
TTD	A	-0.36%
MNST	B	-0.35%
FANG	D	-0.35%
PAYX	A	-0.34%
CPRT	C	-0.33%
WDAY	C	-0.33%
ROST	F	-0.31%
CHTR	B	-0.31%
KDP	F	-0.3%
FAST	A	-0.3%
ODFL	A	-0.29%
AZN	F	-0.28%
GEHC	D	-0.27%
KHC	F	-0.27%
DDOG	B	-0.26%
EXC	D	-0.26%
MCHP	F	-0.26%
CTSH	B	-0.25%
BKR	B	-0.25%
CCEP	D	-0.23%
LULU	C	-0.23%
IDXX	F	-0.22%
CSGP	F	-0.2%
ON	C	-0.2%
TEAM	B	-0.2%
DXCM	D	-0.19%
TTWO	B	-0.19%
ANSS	B	-0.19%
ZS	C	-0.18%
BIIB	F	-0.17%
CDW	F	-0.17%
ILMN	B	-0.15%
MRNA	F	-0.14%
MDB	D	-0.13%
WBD	C	-0.13%
GFS	D	-0.13%
ARM	C	-0.12%
SMCI	F	-0.11%
DLTR	F	-0.09%